£508,974
This estimated value is based upon the latest sale price for the house of £130,500 on 3 Mar 2000. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £130,500 | 3 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in March 2000 the House Price Index for CITY OF NOTTINGHAM was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £130,500 results in an estimated price of approximately £508,974.
| 3 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 149.7 | 290.019 % | £130,500 | £378,474 | £508,974 |
The Postcode Pricing Model uses changes in average sales price within the NG7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 251.397 % | £328,072 | £458,572 |
| 3 Month Average | 310.056 % | £404,623 | £535,123 |
| 6 Month Average | 333.250 % | £434,891 | £565,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £107,735 | £105,000 | FLAT 14 HIGHLAND COURT SCOTLAND ROAD |
| 3 Nov 2023 | £174,428 | £170,000 | APARTMENT 5 RADFORD COURT, 632 RADFORD ROAD |
| 18 Aug 2023 | £114,057 | £112,000 | FLAT 7 HIGHLAND COURT SCOTLAND ROAD |
| 14 Apr 2023 | £135,535 | £133,000 | 30 REIGATE ROAD |
| 1 Feb 2023 | £140,388 | £139,450 | 25 REIGATE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 3 Oct 2013. Using an estimated price of £508,975 means this house is valued at £9,254 per sq meter (£859 per sq foot).
The average size of a house on NOTTINGHAM ROAD is 105 sq meters (1,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Fairfax Close |
| Oct 2024 | Drugs | Under investigation | On or near Fairfax Close |
| Oct 2024 | Possession of weapons | Under investigation | On or near Fairfax Close |
| Oct 2024 | Other crime | Under investigation | On or near Fairfax Close |
| Oct 2024 | Public order | Under investigation | On or near Fairfax Close |